Items shown in the balance sheet as asset includes
...Items shown in the balance sheet as asset includes
Debit balance on drawings account
Debit balance on a customer's account
Credit balance on the capital's account
Credit balance on a supplier's account
Correct answer is B
The items which are generally present in all the balance sheet includes assets like cash, inventory, account receivable, investments, prepaid expenses and fixed assets.
Rent is apportioned each department on the basis of ...
Which of the following is an asset? ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
Goodwill can be valued in partnership when? ...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
The price paid for the purchase of for the purchase of a business is ...